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Visit the Fed’s Summary of Commentary on Current Economic Conditions (Links to an external site.)Links to an external site., also known as the Beige Book. Prepare a proposal recommending monetary policy actions designed to correct problems with spending, employment, and prices. Defend your choices.( Around 300 words)
Suddenly, Beige book insinuated that strong economic growth recovery exists and there is wagegrowth in United States. We know the reality is labor input rate as of today is just 63%,evidently…